Business, international

Vacancies prompt travel industry to lower New Year's Eve prices

Article Abstract:

Cruise lines, hotels and airlines may yet be proven wrong in their estimates that New Year's Eve would be a total sell-out for them. As the time to pay nears, travelers are balking at the exorbitant rates that the travel sector, especially hotels, are imposing on them. Airlines have also not decided on their schedules since airports have not reported on their Y2K compliance. The lack of enthusiasm for millenium travel has prompted some sectors in the travel industry including hotels and cruise lines to offer discounts.

Asian travel: tourists to Macau take a back seat in program for December handover

Article Abstract:

This article discusses the Macau tourism industry, which is expanding again after the two year slump it suffered due to the regional economic crisis, a local crime problem, and the aftereffects of Hong Kong's return to Chinese rule. Macau is spending $35 million for its own handover night December 20. It is also inviting 2,500 VIPs and 3,000 journalists.